Real Estate Wire
Real estate industry news and analysis, published daily from the United States: residential, commercial, mortgage and proptech. Original reporting and analysis alongside a curated feed of the day's coverage from the wider trade press, each item linking to the publication that reported it.
Latest coverage
- CRE property management AI works best in narrow lanes, not broad sweeps Proptech
Property management software already holds the data operators need, but turning that data into reliable automation requires more structural work than most teams have done. Propmodo spoke with the...
- ADUs Are Adding Rental Supply, But Construction Costs Cap the Upside Residential
Accessory dwelling units are gaining legal ground from California to New York, with cities reporting more ADU permits than traditional housing in some markets. But costs running from $200,000 for...
- Partners Real Estate adds land team from MLB Commercial in Houston Commercial
Tommy LeBlanc, a land specialist with more than two decades of Houston commercial real estate experience, has joined Partners Real Estate as an Equity Partner, bringing two colleagues from MLB...
- Flexday Launches 25,000 SF of Flex Office at Chicago Loop Tower Commercial
Flexday has opened four on-demand office suites at PNC Centre on One North Franklin in Chicago's Loop, totaling more than 25,000 square feet. The buildout, backed by building owner MetLife...
- Nine in Ten Commercial Real Estate AI Pilots Are Failing. Here Is Why. Proptech
A JLL survey of more than 1,000 senior commercial real estate decision-makers found that piloting AI has become nearly universal, but only 5% of organizations report achieving most of their...
- Multifamily Operators Are Letting Vendors Drive Their Tech Strategy. That Needs to Stop. Proptech
A new opinion piece from Propmodo argues that too many multifamily operators have handed control of their technology decisions to the vendors selling them products, rather than building the...
- Partners Development Starts First Phase of Eight-Building Industrial Park Near San Antonio Commercial
Partners Development has broken ground on Seguin Commerce Park, a 234,600-square-foot industrial park in Seguin, Texas, roughly 39 miles from San Antonio. The first two buildings, each 40,000...
- Fed Set to Hold Rates Wednesday as Mortgage Costs Stay Above 7% Mortgage
The Federal Reserve is widely expected to leave its benchmark rate unchanged at its two-day meeting this week, with financial markets pricing in a 90% chance of no move. That pause offers little...
- Krusinski Construction Names Steven Waltersdorf Director of Safety Commercial
Oak Brook-based Krusinski Construction Company has brought on a credentialed safety professional to lead its jobsite safety program. Steven "Wally" Waltersdorf arrives with more than 12 years of...
- Meritage Homes to Report Third-Quarter 2026 Results on October 28 Residential
Meritage Homes will release its third-quarter 2026 financial results after the market closes on October 28, 2026, with a management conference call scheduled for the following morning. The report...
- High-Earning Renters Are Growing Faster Than High-Earning Homeowners Residential
The number of US households bringing in at least $1 million a year while renting their home more than tripled between 2020 and 2024, outpacing growth among millionaire homeowners over the same...
- Mortgage Rates Ease From 7.60% Peak, Briefly Steadying Housing Demand Mortgage
A dip in the 10-year Treasury yield pushed mortgage rates down from roughly 7.60% to around 7.30%, giving housing demand a brief pause in its slide. Weekly pending sales posted a small gain,...
- Ashland, Oregon Bets a 'Storytown' Rebrand Can Extend Its Appeal Beyond Summer Residential
A filmmaker who grew up in Ashland and returned after two decades in Los Angeles is leading a push to reposition the Rogue Valley town as a year-round cultural destination. The effort comes as...
- California Conservation Easements: What Landowners and Buyers Need to Know Residential
Conservation easements are showing up more often in California property transactions, and they carry real consequences for land use, valuation, and tax planning. The American Land Title...
- The Monthly Payment on a Typical Listed Home Is $2,304, $224 More Than a Year Ago Mortgage
Real Estate Wire's weekly cost-of-a-home reading: the 30-year rate sits at 7.32% and the median listing at $419,250, so a buyer putting 20% down now pays $2,304 a month in principal and interest.
- Trump Signs Executive Order to Cut Several Mortgage Costs for Homebuyers Mortgage
President Donald Trump signed an executive order Thursday directing federal agencies to reduce several costs tied to getting and keeping a mortgage. The order targets mortgage insurance...
- Clayton, Missouri Gets New Fleet Maintenance Building in $11.7M Public Works Project Commercial
Integrate Construction Partners has finished the first phase of a two-phase municipal facility project in Clayton, Missouri, delivering a new 5,750-square-foot building where city crews will...
- California Ballot Measure Would Cap CEQA Review Times for Housing and Key Projects Commercial
Proposition 45, placed on the November ballot by the California Chamber of Commerce, would impose firm deadlines on environmental reviews for housing, clean energy, medical facilities and other...
- Zoox Takes 353,653 SF at PGIM's Hayward LogistiCenter, Clustering Three Sites on Clawiter Road Commercial
Amazon-owned Zoox has leased both buildings at PGIM Real Estate's LogistiCenter at Highway 92 in Hayward, California, committing to 353,653 square feet of industrial space. The deal more than...
- Florida Amendment 3 Would Cut Homestead Tax Bills Starting in 2027 Residential
A Florida Realtors op-ed in Realtor.com News is pushing back against what it calls a mischaracterization of Amendment 3, which goes before voters November 3. The measure would raise the homestead...
- Tourism States May Offer DSCR Mortgage Opportunities Mortgage
Maine, Wyoming and Alaska lead the country in investment property concentration, with more than a quarter of all housing units in each state held by investors. Those concentrations, alongside...
- The Monthly Payment on a Typical Listed Home Is $2,322, $224 More Than a Year Ago Mortgage
Real Estate Wire's weekly cost-of-a-home reading: the 30-year rate sits at 7.40% and the median listing at $419,250, so a buyer putting 20% down now pays $2,322 a month in principal and interest.
- Foreclosure Inquiry Calls Up 14.8% Year Over Year as Inflation Squeezes Homeowners Mortgage
Requests for foreclosure legal advice have climbed for 13 consecutive months, according to data from LegalShield, a legal services platform that tracks inbound calls for assistance. Separate...
- Fannie Mae cuts 2027 origination forecast 18% as rates hold at 7.5% Mortgage
Fannie Mae has slashed its 2027 single-family mortgage origination forecast by more than 18%, now projecting $1.86 trillion in production as 30-year rates are expected to average 7.5% through the...
- Florida Voters Face Property Tax Overhaul With a Hidden Cost for Buyers Residential
A ballot measure three weeks from a vote could eliminate property taxes for 60% of Florida homeowners, but experts warn the revenue gap would fall somewhere, and home prices could jump before...
- Orange County Industrial Vacancy Hits Decade High as Rents Slide Commercial
Orange County's industrial market posted its highest vacancy rate in ten years during the third quarter of 2026, with negative absorption for the third straight quarter and asking rents falling...
- Vacant churches and synagogues offer multifamily investors a niche adaptive reuse play Commercial
Roughly 3,500 U.S. congregations close each year, leaving behind buildings that a small but growing number of multifamily investors are converting to apartments. The strategy offers differentiated...
- CRE Brokers Are Propping Up Software Built for Someone Else Proptech
Commercial real estate brokers routinely adapt tools designed for residential agents or asset managers, masking a structural mismatch between available software and how complex deals actually run....
- DOGE buyout program backfired as agencies quietly rehired departing workers Mortgage
Federal agencies matched more than 20,000 deferred resignation departures with new hires in the same roles, often before the departing employees had officially left. The Department of Housing and...
- Lenders May Be Looking in the Wrong Places to Reach Lower-Income Homebuyers Mortgage
Five years of federal mortgage records show many lower-income applicants buying outside low-income neighborhoods, which a lender reading only neighborhood data would not see.
- ClarkDietrich Takes Anchor Office Lease at Cincinnati Mixed-Use Project Commercial
Cold-formed steel manufacturer ClarkDietrich has signed a 32,558-square-foot office lease at Montgomery Quarter in Cincinnati, anchoring a newly built office building with nearly three-quarters of...
- Pacific Industrial appoints Bud Pharris CEO as it targets seven Western markets Commercial
Pacific Industrial has appointed Bud Pharris chief executive officer as the Long Beach-based industrial developer plans to expand into seven Western markets.
- Mortgage lenders eyeing DIY tech face governance traps that cost more than a vendor contract Mortgage
Building your own mortgage technology looks cheaper until you price in security audits, multi-tenant architecture and long-term maintenance. Melissa Langdale, chief executive officer and founder...
- Manchester-Nashua Falls Out of Top 20 Hottest Markets After 6-Year Run Residential
Manchester-Nashua, NH, which ranked first more times than any other metro in Realtor.com history, slipped to 38th in September after sitting eighth as recently as July. Homes are sitting nearly a...
- Bond market rout pushes 10-year Treasury to 5.36%, squeezing U.S. homebuyers Mortgage
A global bond sell-off, driven by oil-shock inflation, sovereign debt fears and AI capital spending, has pushed the 10-year Treasury yield to a two-decade high and lifted 30-year fixed mortgage...
- Kyle Technology Park opens its first 75,000 sq ft of flex industrial space in Central Texas Commercial
Cadence McShane Construction Company has completed the first phase of Kyle Technology Park, a three-building warehouse project in Kyle, Texas, developed for TIG Real Estate Services, Inc. The...
- ALTA Pushes to Narrow FinCEN Rule as Seller Fraud Attempts Double Residential
American Land Title Association CEO Chris Morton says seller impersonation fraud attempts hit 59 percent of title firms last year, more than double the prior survey's figure, and the organization...
- Fitch stress test gives mortgage and title insurance sectors lowest AI disruption score Mortgage
Fitch Ratings has run a formal AI stress test across its rated issuers and assigned both mortgage insurers and title insurers its lowest possible disruption score, a 20 out of 100, meaning no...
- FASB proposes mandatory recapture inclusion in MSR fair-value calculations Mortgage
The Financial Accounting Standards Board has put out a proposal that would make recapture a required input in residential mortgage servicing right valuations, ending a split in current practice....
- Restored 1890s Jersey City Brownstone Lists at $1.2 Million After Multi-Year Renovation Residential
A four-story Bergen Hill brownstone built in the 1890s has hit the market at $1.2 million following a multi-year restoration that preserved original millwork, flooring and fireplaces while adding...